Historically, school finance has been concerned with three things: adequate provision, equity, and efficiency. While the first of these has been substantially achieved with free public education and a stabilizing student population, recent court cases remind us that the term "adequate educational program" has never been conclusively…

Discusses four categories of problems getting the greatest attention among those interested in reforming school finance: fiscal neutrality, cost differentials, individual needs, and municipal overburden. (Author/DN)

This paper proposes two modifications of the Lorenz technique for measuring inequalities in financing education. One is to order expenditures (and tax rates) by district fiscal ability before calculating the cumulative percentages. It is possible, as a result, to get a Lorenz curve that crosses the diagonal line, which gives some useful insights.…

This study reports on a method of measuring the equity of state school finance systems. This method attempts to determine the extent to which the system makes adequate provision for education, treats equals equally, and treats unequals equitably. It presents a multiple regression approach to the problem, which allows each goal of school finance to…

This paper attempts both to provide a way of looking at school finance in order to make wiser decisions about it and to discuss some alternative ways to finance the public schools of New York State. The New York school finance system is examined in terms of equity, efficiency, and responsiveness, as are some of the characteristics of the…

Designed for use by students, policy-makers, educational administrators, social scientists, and lay citizens, this book analyzes three basic educational issues: the economics of education, the politics of educational finance, and the "new political economy" of education, which employs economic methods to study those governmental institutions…